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Gold Crashed 30% This Year — Now It's Climbing Again. Should Your TFSA or RRSP Be In It?

  August 12, 2026 If you've only glanced at the gold headlines this week, you've probably seen some version of "gold near two-month high." That's true — spot gold touched an intraday peak of US$4,434.84 an ounce on Tuesday, its best level since June 5, before settling back to around US$4,382. But "two-month high" undersells what's actually happened to gold in 2026, and that fuller story is the part that matters if you're deciding whether to put any of it in a TFSA, RRSP, or FHSA right now. Here's the short version: gold went nearly vertical in January, hit an all-time record, crashed by close to 30% within weeks, spent the spring and early summer languishing near US$4,000, and has spent the last six weeks clawing about 10% of that back. Where it goes from here is genuinely split among the banks that cover it professionally. That's the setup worth understanding before you buy. The wildest year gold has ever had Gold entered 2026 already o...
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Netanyahu Announces Hostage Release Deal Amid Ongoing Conflict


In a significant development, Israeli Prime Minister Benjamin Netanyahu has announced that a deal has been reached to release Israeli hostages held by Hamas in Gaza. This agreement comes after intense negotiations and is expected to bring relief to many families who have been waiting for the safe return of their loved ones.

The deal, which is set to be implemented in phases, will see the release of 33 Israeli hostages, including women, children, and men over 50, in the first six-week phase. In exchange, Israel will release Palestinian women and children under 19 detained in Israeli jails. The total number of Palestinians released could range between 990 and 1,650, depending on the number of hostages freed.

The ceasefire agreement, which accompanies the hostage release deal, aims to halt the fighting that has devastated Gaza, killed over 46,000 people, and displaced most of the enclave's population. Despite the agreement, Israeli airstrikes continued in Gaza, causing further casualties.

Netanyahu's announcement has been met with mixed reactions. While many see it as a necessary step towards peace, hardliners in Netanyahu's coalition have opposed the deal, viewing it as a capitulation to Hamas. National Security Minister Itamar Ben-Gvir and Finance Minister Bezalel Smotrich have threatened to resign if the deal is approved.

The Israeli cabinet is expected to give final approval to the deal, with the first hostages set to be released on Sunday. This development marks a crucial moment in the ongoing conflict and could potentially ease hostilities in the region.


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